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>> meyer: they're submitting bills to the government for the admission of patients. the patients didn't meet the appropriate prescribed criteria for admission and for the hospitals to bill medicare for the admissions. it's... it's a... a false billing, if you will. >> kroft: if you'd been at the fbi and somebody came in and handed you all of this stuff, would you have pursued a criminal investigation? >> meyer: yes. no doubt about it. >> kroft: meyer says he told the same thing to corporate officials and wrote up his findings in three memos to top management. >> meyer: i made sure that i spoke with the c.e.o. face to face about this, that something is really, really wrong, and it's got to be addressed. i had indicated that "if it's not addressed by you all, then i'll have to handle it getting addressed by the government." >> kroft: what was their response? >> meyer: had another job change. >> kroft: meyer says hma's corporate attorneys heavily edited his reports and instructed him to destroy the original version of his memos, but he never did. >> meyer: i felt it was
>> meyer: they're submitting bills to the government for the admission of patients. the patients didn't meet the appropriate prescribed criteria for admission and for the hospitals to bill medicare for the admissions. it's... it's a... a false billing, if you will. >> kroft: if you'd been at the fbi and somebody came in and handed you all of this stuff, would you have pursued a criminal investigation? >> meyer: yes. no doubt about it. >> kroft: meyer says he told the...
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Dec 3, 2012
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. >> but mgm/mirage is shut out because the government says a law banning sports betting over the phone also bans all gambling on the internet. obviously, it hasn't stopped u.s. citizens from doing it, but it has stopped u.s. companies from offering it. >> the vast majority of wagers that are placed on the internet now are done offshore and illegally. and i, for one, think that to enact laws that you can't enforce makes no sense whatsoever. >> lanni and mgm/mirage set up their own offshore gambling website a few years ago, but to stay within the law, they could only accept bets from gamblers outside the u.s. >> we just didn't make any money; that was the problem. >> so you shut it down. >> we did. >> it's all very odd. >> well, no, it is odd. there's no doubt about that. i mean, there's gaming in every state but two states in the united states. if it's legal there and if it's regulated and taxed and we're comfortable with it there, why don't we allow it also in the area of internet where people--so much commerce is going through the internet right now? it makes no sense. >> even so, no
. >> but mgm/mirage is shut out because the government says a law banning sports betting over the phone also bans all gambling on the internet. obviously, it hasn't stopped u.s. citizens from doing it, but it has stopped u.s. companies from offering it. >> the vast majority of wagers that are placed on the internet now are done offshore and illegally. and i, for one, think that to enact laws that you can't enforce makes no sense whatsoever. >> lanni and mgm/mirage set up their...
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that syria may be preparing to use chemical weapons against rebels, trying to overthrow the country's government. today, neighboring turkey, is asking nato for patriot missiles to defend itself as a precaution. president obama has warned syria the u.s. will respond if chemical weapons are employed. >>> back in this country, federal health officials say the flu season is already here. it's the earliest start in nearly a decade. and take a look at this map. widespread flu already being reported from tennessee into the deep south, texas, missouri and georgia not far behind. this year's strain could be dangerous for children and the elderly. doctors' advice here, get your flu shots. >>> meanwhile here in new york, police trying to find the man in this subway surveillance video, arguing with another man in the middle of the day. seconds later, he pushed that man into the path of an oncoming train. the man was killed. police are checking other video, hoping to find a clear image of the killer. no word on what the two were arguing about. >>> and finally, some quick thinking here saves the lives of thes
that syria may be preparing to use chemical weapons against rebels, trying to overthrow the country's government. today, neighboring turkey, is asking nato for patriot missiles to defend itself as a precaution. president obama has warned syria the u.s. will respond if chemical weapons are employed. >>> back in this country, federal health officials say the flu season is already here. it's the earliest start in nearly a decade. and take a look at this map. widespread flu already being...
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plus what nancy pelosi says the government should give america for christmas this year. >> hi, everyone, i'm leigh glaser. a little break for at least one day and then more rain is due back in here. if you are doing traveling across the state, we will look at that forecast. and even if you are heading >>> bart trains are running after a system wide power was knocked out twice today. a power shortage knocked out the computer system and back up generators a little after 9:00 and then again at 2:00 this afternoon. some riders were stranded an hour before the system was restored. >>> we could hear from the u.s. supreme court about whether it will take up same-sex marriage as early as tomorrow morning. the justices adjourned friday without announcing its plans. the court meets again on monday morning. one of the cases the judges may decide to hear involve california's proposition 8. that's a constitutional ban on gay marriage passed by voters four years ago. the moraga teen denied an eagle scout award because he is gay will be honored by state lawmakers. they spent 10 years working toward th
plus what nancy pelosi says the government should give america for christmas this year. >> hi, everyone, i'm leigh glaser. a little break for at least one day and then more rain is due back in here. if you are doing traveling across the state, we will look at that forecast. and even if you are heading >>> bart trains are running after a system wide power was knocked out twice today. a power shortage knocked out the computer system and back up generators a little after 9:00 and...
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plus what nancy pelosi says the government should give america for christmas this year. >> hi, everyone, i'm leigh glaser. a little break for at least one day and then more rain is due back in here. if you are doing traveling across the state, we will look at that forecast. and even if you a >>> bart trains are running after a system wide power was knocked out twice today. a power shortage knocked out the computer system and back up generators a little after 9:00 and then again at 2:00 this afternoon. some riders were stranded an hour before the system was restored. >>> we could hear from the u.s. supreme court about whether it will take up same-sex marriage as early as tomorrow morning. the justices adjourned friday without announcing its plans. the court meets again on monday morning. one of the cases the judges may decide to hear involve california's proposition 8. that's a constitutional ban on gay marriage passed by voters four years ago. the moraga teen denied an eagle scout award because he is gay will be honored by state lawmakers. they spent 10 years working toward the award. l
plus what nancy pelosi says the government should give america for christmas this year. >> hi, everyone, i'm leigh glaser. a little break for at least one day and then more rain is due back in here. if you are doing traveling across the state, we will look at that forecast. and even if you a >>> bart trains are running after a system wide power was knocked out twice today. a power shortage knocked out the computer system and back up generators a little after 9:00 and then again...
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Dec 5, 2012
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rebel forces battling government troops in damascus today. you can see rebel snipers shooting from inside buildings. secretary of state hillary clinton now raising more concerns that bashar al-assad may resort to using chemical weapons against his own people. hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence director james clapper just got done freaking house members on the deadly terror attack against our consulate and then got become libya. fox news has learned that mr. james clapper show them a timeline of the attack. you can see demonstrators reaching across and they began to loot and set fires. some
rebel forces battling government troops in damascus today. you can see rebel snipers shooting from inside buildings. secretary of state hillary clinton now raising more concerns that bashar al-assad may resort to using chemical weapons against his own people. hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al...
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Dec 9, 2012
12/12
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, the federal government in d.c. recognizes small business owners pay taxes at individual rates. when we talk about corporate tax reform or business tax reform that leaves out small business. that's not good. these people create two-thirds of new jobs. >> that's part of the reason the congressional budget office estimates unemployment will raise to 9.1% if we jump off the cliff which impacts customers, big and small. >> a fall off the cliff means the debt tax goes up. the maximum estate size exempt will fall from 5 million to 1 million. higher taxes could also have an impact on investors. small businesses rely on outside loans and investment firms to go from small to bigger. >> all this is why many polls show companies are preparing themself by hiring fewer workers, making fewer capital equipment purchases, and spending less on marketing. that has a multiplying effect on businesses that provide services and many customers are fearful of job losses, who are it is engine of our committee. >> economy. >> we asked, you a
, the federal government in d.c. recognizes small business owners pay taxes at individual rates. when we talk about corporate tax reform or business tax reform that leaves out small business. that's not good. these people create two-thirds of new jobs. >> that's part of the reason the congressional budget office estimates unemployment will raise to 9.1% if we jump off the cliff which impacts customers, big and small. >> a fall off the cliff means the debt tax goes up. the maximum...
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Dec 9, 2012
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government? >>reporter: obviously they are looking at a case-by-case issue but what really is the problem is the muted response coming from the obama administration when it comes to what is happening in egypt. they are worried because the obama administration is behind, and further extending the protection of minorities forward and they want to see washington, dc, really, putting more pressure on the morsi government. >> the rights of the christian minority does not look like they are being addressed the way we would like. the dialogue that the state department has entered in with the egyptian government since the revolution, that needs to continue. >>reporter: we have more details on the meetings and the christian community here in the united states. you can find more on foxnews.com with details and the fate of these christians looks grim and we expect more seeking asylum in the united states. health thank you, dominic, from los angeles. >>gregg: rebound and house of representatives speaker boeh
government? >>reporter: obviously they are looking at a case-by-case issue but what really is the problem is the muted response coming from the obama administration when it comes to what is happening in egypt. they are worried because the obama administration is behind, and further extending the protection of minorities forward and they want to see washington, dc, really, putting more pressure on the morsi government. >> the rights of the christian minority does not look like they...
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Dec 2, 2012
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additionally the government also gave the green light to construction of 3,000 other units in east jerusalem and elsewhere on the west bank. at the weekly cabinet meeting, benjamin netanyahu dismissed criticism of the settlement construction, saying, quote. we will carry on building in jerusalem and all places on the map of israel's strategic interests if the settlement plans proceed, palestinians say they will destroy any chance of a viable state. just a while ago secretary general says the plans is what he termed a fatal blow to peace. it has been two years now since negotiations have taken place. palestinians say there cannot be peace talks as long as the settlement construction continues. israelis say no negotiations as long as there is any type of preconditions. stalemate continues. >> heather: david lee miller, thank you. >> gregg: kansas city chiefs taking the field one day after losing one of their own. he killed his girlfriend before heading to the stadium when he killed himself right in front of the head coach and general manager. he reportedly thanked them for giving him a chance
additionally the government also gave the green light to construction of 3,000 other units in east jerusalem and elsewhere on the west bank. at the weekly cabinet meeting, benjamin netanyahu dismissed criticism of the settlement construction, saying, quote. we will carry on building in jerusalem and all places on the map of israel's strategic interests if the settlement plans proceed, palestinians say they will destroy any chance of a viable state. just a while ago secretary general says the...
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it's not the federal government. we don't license kids under 16. we don't license dui drivers. our laws are clear. >> governor brewer ads she is not surprised she is sued. the supreme court you will remember upheld the most contentious parent of the state 2010 immigration law that allows them to check the immigration status and enforcing other laws. you think her order is reasonable or does it go too far? tweet us your answers and we'll read some later in the show. u.n. ambassador susan rice is one of the most polarizing personalities in politics now. would she make a good secretary of state? up next, fair and balanced debate. >> shannon: protest in egypt sparks corn certain for egypt's highest court. bottom of the hour, peter doocy has the top stories. >> reporter: egypt supreme court stopped work on ruling about the group that drafted egypt new constitution because of concerns about protests near the court. thousands of morsi supporters as well as detractors taken to the street to argue their side of the issue. we are learning more tragic details about yesterday's murder-suic
it's not the federal government. we don't license kids under 16. we don't license dui drivers. our laws are clear. >> governor brewer ads she is not surprised she is sued. the supreme court you will remember upheld the most contentious parent of the state 2010 immigration law that allows them to check the immigration status and enforcing other laws. you think her order is reasonable or does it go too far? tweet us your answers and we'll read some later in the show. u.n. ambassador susan...
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Dec 10, 2012
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he exposed corrupt government officials there, bill. bill: there have been some questions about his health, even his sanity, since this whole story began. what can we add to that, steve? >> reporter: when he was detained in guatemala he complained of chest pains. his attorney said he might have suffered a minor heart attack. later that story was revised when mcafee said it was simply stress being on the run. >> the problem i had the other day i did not eat for two days. i drank very little liquids. first time in many years i've been smoking nonstop. i stood up, passed out. hit my head on the wall, came to in total confusion. i'm fine now. >> reporter: mcafee's run began last month from belize with his 20-year-old girlfriend after belize officials attempted to question him in the shooting death of a neighbor. bill? bill: steve harrigan with the story out of the miami. we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hopin
he exposed corrupt government officials there, bill. bill: there have been some questions about his health, even his sanity, since this whole story began. what can we add to that, steve? >> reporter: when he was detained in guatemala he complained of chest pains. his attorney said he might have suffered a minor heart attack. later that story was revised when mcafee said it was simply stress being on the run. >> the problem i had the other day i did not eat for two days. i drank very...
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Dec 7, 2012
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russia sent weapons to the syrian government. they protected the syrian government in the u.n. that does appear it could be changing. secretary of state hillary clinton met with russian foreign minister sergei lavrov yesterday in dublin and officials described it as a good meeting, a positive meeting. there seemed to be a an air of compromise in this meeting. past meetings have been hostile with very negative, with little done. both sides yelling at each other, arguing with each other. according to officials this past meeting seemed to be much more constructive. there seemed to be effort to find common ground. where that will actually lead in terms of ending the violence in syria is still very much unknown, martha. martha: boy, that is what diplomacy is all about and it sounds like it's in the works. hopefully it will work in a positive direction. now in terms what is going on the ground there, conor, we know assad's strongholds have been threatened. how close are the rebels to crashing in on those? >> reporter: we're getting lots of different information. it's tough to sort of
russia sent weapons to the syrian government. they protected the syrian government in the u.n. that does appear it could be changing. secretary of state hillary clinton met with russian foreign minister sergei lavrov yesterday in dublin and officials described it as a good meeting, a positive meeting. there seemed to be a an air of compromise in this meeting. past meetings have been hostile with very negative, with little done. both sides yelling at each other, arguing with each other....
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our government again is reported to be moving to recognize this more unified opposition. the fact that it exists is partially a credit to secretary of state clinton, but also to egypt and other neighbors who have pushed for this to happen. its headquarters is currently in cairo, by the way. and so if this happens and if the international community focuses i think there is finally a chance of a -- not just a way for the end of this -- the assad regime to be achieved, but for a responsible government to move into its place. >> and now let me ask you, move you to the israeli/u.s. relationship, because israel has now taken one more step, first last week as we reported they took a key step in deciding to build this e-1 settlement which if they were to proceed, is a red line, i know that the british have warned them that they have crossed a red line, that israel should not even tactically be taking this step to further push down abbas after the hamas victory recently, and by taking this line it would make it impossible to ever have a palestinian state because it would be dividi
our government again is reported to be moving to recognize this more unified opposition. the fact that it exists is partially a credit to secretary of state clinton, but also to egypt and other neighbors who have pushed for this to happen. its headquarters is currently in cairo, by the way. and so if this happens and if the international community focuses i think there is finally a chance of a -- not just a way for the end of this -- the assad regime to be achieved, but for a responsible...
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these are as you can see government in the original government packaging. at $199.95, i am doing them at original government issue price. it is as if you went back and did not forget to collect them and 1999-2001.on the other hand6 c13 say aren't worth anything? how about these coins, if purchased individually. --are they.95 a piece. >>host: one of them is worth more than the original issue price of the whole thing? >>caller: they really all are.the 2001 $19.50$20.50 for the last one. that $180. the hawaii individually is $35. >>host: why? >>guest: i do not know that is it sells for. supply and demand. how about you are going to get the 2001,3, 4, 5 7 all the 2008's are $9.50 apiece. and then $35. so is $84, $83 for that set. you $20 per set. if i had 1000 of these runs i sell every one of them right here tonight. i do not.i had 200. actually 212 to be exact. i do not have to hundred 13. we will sell all 212 because you get all 10 of them with the original government packaging, the key to this is the original government packaging, less than $20 per set. $19
these are as you can see government in the original government packaging. at $199.95, i am doing them at original government issue price. it is as if you went back and did not forget to collect them and 1999-2001.on the other hand6 c13 say aren't worth anything? how about these coins, if purchased individually. --are they.95 a piece. >>host: one of them is worth more than the original issue price of the whole thing? >>caller: they really all are.the 2001 $19.50$20.50 for the last...
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are you supportive of that government intervention? >> release the question and answer of the book basically. you can see that as an emergency intervention. this government had done it back now, that would've been fine. unfortunately they stayed too long. the comparison they make is to katrina. there's emergency aid and basically people get up and back on their feet. but unfortunately the government conceded the financial crisis as an excuse to expand itself and expand control of the economy. >> at what point would you say that government should have out as the emergency aid and click >> they did allow banks that wanted to pay the money. obviously they're making it difficult. they make and keep it it up for saddam those who didn't want bailouts in the first place. so basically, some people really have argued that the fact that the bailouts were necessary. but basically they went too far and certainly afterwards they use the financial crisis as an excuse to overregulate with dodd-frank, et cetera. >> welcome we are interviewing u.s. fre
are you supportive of that government intervention? >> release the question and answer of the book basically. you can see that as an emergency intervention. this government had done it back now, that would've been fine. unfortunately they stayed too long. the comparison they make is to katrina. there's emergency aid and basically people get up and back on their feet. but unfortunately the government conceded the financial crisis as an excuse to expand itself and expand control of the...
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Dec 4, 2012
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. >>> president obama has a warning for syria's government. go after your people with chemical weapons and you will face serious consequences. >> the word is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> u.s. intelligence suggests the assad regime may be planning sarin gas attacks against rebel forces. the lethal nerve agent is 500 times deadlier than cyanide. the syrian foreign ministry denies the reports. >>> a highway tunnel that collapsed and killed nine people in japan over the weekend reportedly passed safety checks just a few months ago. several cars were crushed when a section of concrete longer than a football field came crashing down sunday in the tunnel west of tokyo. inspectors believe loose bolts may be to blame. japan has now ordered emergency inspections of highway tunnels across the country. >>> two mexican nationals have been charge with killing a u.s. coast guards man. they h
. >>> president obama has a warning for syria's government. go after your people with chemical weapons and you will face serious consequences. >> the word is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> u.s. intelligence suggests the assad regime may be planning sarin gas attacks against rebel forces. the lethal nerve...
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and i know that there are some individuals who don't trust government who don't trust law enforcement. and i don't know how we can ever convince them. >> reporter: the public protection committee is expected to hold a public hearing sometime in january to take up the issue of drones. if the committee approved the drones it would go back to the board of supervisors for final approval. in berkeley, ann notarangelo, cbs 5. >> thank you. >> reporter: it will take some time for debate and talk. >> ann notarangelo, thank you. >>> muni passes will soon be free to low income teenagers in san francisco. san francisco transportation official approved the $1.6 million plan this afternoon. it should go into effect by next march. the program will run for 16 months. it's designed to help low income youth younger than 18 years old. >> this is really about equity. this is really about providing opportunity to our youth in the city. >> meanwhile, muni service was back to normal today after a trolley car hit a woman in a wheelchair last night leaving her with life-threatening injuries. and a blown tran
and i know that there are some individuals who don't trust government who don't trust law enforcement. and i don't know how we can ever convince them. >> reporter: the public protection committee is expected to hold a public hearing sometime in january to take up the issue of drones. if the committee approved the drones it would go back to the board of supervisors for final approval. in berkeley, ann notarangelo, cbs 5. >> thank you. >> reporter: it will take some time for...
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Dec 8, 2012
12/12
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the government says the storm played only a minimal role as the economy added 150,000 jobs. the unemployment rate fell to 7.7%, and that is a .2% drop. but those numbers were helped by people who stopped look for work and were not counted as unemployed. >>> on wall street, the dow is up 81 points. the s&p 500 edged up four. however, the nasdaq dropped 11 points. >>> the edge of the fiscal cliff is fast approaching. only 25 days away and going over it threatens to ruin the holidays for millions of americans. cbs reporter danielle nottingham says republicans are waiting for the president to make the next move. >> vice president joe biden at lunch with middle class americans who will take a $2,000 hit if their tax cuts expire at the end of the year. >> this is no time to add any additional burden. >> while the white house is pushing congress to renew middle class tax cuts, the president says he won't take any deal that extends tax cuts for the wealthiest americans. honor of the pearl harbor ak this is the only night of te year the beacon will shine. hared their fi >> it would t
the government says the storm played only a minimal role as the economy added 150,000 jobs. the unemployment rate fell to 7.7%, and that is a .2% drop. but those numbers were helped by people who stopped look for work and were not counted as unemployed. >>> on wall street, the dow is up 81 points. the s&p 500 edged up four. however, the nasdaq dropped 11 points. >>> the edge of the fiscal cliff is fast approaching. only 25 days away and going over it threatens to ruin the...
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Dec 9, 2012
12/12
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observe, my friends, with what little wisdom the world is governed. >> osgood: commentary from ben stein. now to bob scheiffer in washington for a look at what's ahead on face the nation. good morning, bob >> schieffer: good morning, charles. well, we've got erskine bowls and alan simpson who headed up that deficit reduction commission and had so many good ideas that went nowhere. we'll see what they think about the fiscal cliff this morning. >> osgood: thank you, bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then, i'll see you on the radio. captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations captioned by media access group at wgbh access.wgbh.org ,, ,,,, ,, . >>> as things stand this morning, we're less than three weeks away from falling over the so-
observe, my friends, with what little wisdom the world is governed. >> osgood: commentary from ben stein. now to bob scheiffer in washington for a look at what's ahead on face the nation. good morning, bob >> schieffer: good morning, charles. well, we've got erskine bowls and alan simpson who headed up that deficit reduction commission and had so many good ideas that went nowhere. we'll see what they think about the fiscal cliff this morning. >> osgood: thank you, bob...
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Dec 5, 2012
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too many people want things from government. but i'm still convinced that the overwhelming majority of our people just want what my parents had, a chance. >> back to what you were talking about with the fiscal cliff. do you think depending on what the republicans do here in these final, what, two weeks, might that be sort of a harbinger of things to come, a harbinger of the next republican party? >> yeah. i think it will. i think what you're seeing is a party really having an identity crisis, trying to figure out what it is and who it should stand for and as you see more and more republicans sort of saying, you know what, we don't need to go over the cliff on this particular tax issue out of economic theory, we need to take a stand and appeal to the people who can actually get us elected president in the next presidential campaign and that would be the middle class. and also appeal, trying to appeal in the long-term to those minority voters. the fascinating statistic to me out of this entire election, brooke, was that in 2008, 7
too many people want things from government. but i'm still convinced that the overwhelming majority of our people just want what my parents had, a chance. >> back to what you were talking about with the fiscal cliff. do you think depending on what the republicans do here in these final, what, two weeks, might that be sort of a harbinger of things to come, a harbinger of the next republican party? >> yeah. i think it will. i think what you're seeing is a party really having an...
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too many people want things from government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents had, a chance. >> ryan pointed out that he and rubio are seen as presidential contenders in 2016 and asked if anyone knew any good diners in iowa and new hampshire. >>> the united states taking a stand against people with disabilities? former senator bob dole took to the senate floor in his wheelchair to push for support of the united nations treaty that helps disabled people around the world. despite that, senators voted against the treaty, something that would presumably have had a wide margin of support. >> i've heard from advocacy group s consisting of people w hope that this treaty will protect disabled americans who will protect them as they travel abroad. i've also heard from parents of disabled children that this treaty will threaten their rights as parents. >> i sympathize with john boehner. the tea party has a firm grip on the republican party and that's obvious, what's happe
too many people want things from government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents had, a chance. >> ryan pointed out that he and rubio are seen as presidential contenders in 2016 and asked if anyone knew any good diners in iowa and new hampshire. >>> the united states taking a stand against people with disabilities? former senator bob dole took to the senate floor in his wheelchair to push for support of the united...
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Dec 3, 2012
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now it's the government's turn. not a matter of if but when something gets done. whether it's some arbitrary dade of december 31st or they kick the can down the road to february or may 14th or whatever, they'll get the deal done. they're going to get the deal done. from a psychological standpoint that will be viewed as a positive. think about it as an investor, as a whiteboard. you look at the u.s., throw if on a whiteboard, where else are you going to invest? you can't buy bonds, europe, emerging markets. you have to buy equities -- >> corporate bonds. >> maybe as part of that. but in terms of the whole total return funds you're seeing in these bond categories, you've had such rapid inflows, which is clearly a sign of a safety trade and psychological trade. they're not buying bonds based on fundamental but on fear. >> for yield. let's put aside all of this wrangling and let's say we get a deal done. we start to look at what that deal looks like. higher taxes, lower federal spending. right? i mean, when you look -- when you take away all of the fights and when you
now it's the government's turn. not a matter of if but when something gets done. whether it's some arbitrary dade of december 31st or they kick the can down the road to february or may 14th or whatever, they'll get the deal done. they're going to get the deal done. from a psychological standpoint that will be viewed as a positive. think about it as an investor, as a whiteboard. you look at the u.s., throw if on a whiteboard, where else are you going to invest? you can't buy bonds, europe,...
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Dec 4, 2012
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>> it's a horrible thing as far as local governments go. big problems. >> the governors association met with the vice president today in washington. i'm sure that was on the table. that's not going to happen. they don't want to burden localities with this fiscal cliff thing. >> you're absolutely right. that would be a huge issue. i don't think that would be the case. the other thing you have to think about as far as these dividend paying stocks, so long as interest rates are likely to remain this low, and i don't think that's going to change for at least the next year or so, you're going to continue to have that bid for areas where you can receive income. that means areas like high-dividend paying stocks, utilities, telecoms. so although valuation is there, maybe getting a little stretched, you have to ask yourself what's that catalyst to cause that change. >> what would you avoid? jeff is talking about things he would steer clear of. >> i think you want to look for lower beta strategies. i would probably stay away from cyclicals. what thif
>> it's a horrible thing as far as local governments go. big problems. >> the governors association met with the vice president today in washington. i'm sure that was on the table. that's not going to happen. they don't want to burden localities with this fiscal cliff thing. >> you're absolutely right. that would be a huge issue. i don't think that would be the case. the other thing you have to think about as far as these dividend paying stocks, so long as interest rates are...
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Dec 6, 2012
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residential investment and government infrastructure, which is way down from historical levels, and business structures investment, that's important, but the locomotive that pulls our economy is investment in equipment and software. whether it's for an oil cater in the basis or a high-tech start-up buying servers and routers and things of that nature. it's our reduced level of capital investment that's produced our low gdp growth rates and our high unemployment. and high tax rates at the corporate level worldwide are directly related to high unemployment levels. you've got to stimulate investment in the united states and a lower corporate tax rate and a so-called territorial system where you don't tax profits made, say, from selling disposable diapers in china to chinese citizens. has to pay a tax to come back in the united states. >> let me get your take, fred. everything you say makes a lot of sense. yet, here we are on the edge of this fiscal cliff. we're not sure what will happen. many people predicting we'll go over the cliff. if we go over the cliff and the automatic spending cuts take
residential investment and government infrastructure, which is way down from historical levels, and business structures investment, that's important, but the locomotive that pulls our economy is investment in equipment and software. whether it's for an oil cater in the basis or a high-tech start-up buying servers and routers and things of that nature. it's our reduced level of capital investment that's produced our low gdp growth rates and our high unemployment. and high tax rates at the...
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Dec 10, 2012
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it's not the government's money. if somebody like steve jobs or bill gates or whoever goes out and makes a lot of money, they're first paying income tax. then a double tax on dividends. then the corporate taxes is another layer of tax. then you want to come in like the grim reaper and take money from their family when they die. it's not the government's money. we have a problem in washington of too much spending. you want to make the matter worse by putting more blood in the water with the hungry sharks. >> so first of all, dan, the fact that it's not my money, that's an argument about any taxation. i know folks would love to bring the tax rates to 0 for everything. the real world, whee government actually has to do things, defend the country, pay for social insurance, things that people care about, education, infrastructure, we need to collect revenue. when you are talking about collecting revenue from the top .2% of the wealthiest estates, folks whose capital gains, unlike you just said, folks whose capital gains h
it's not the government's money. if somebody like steve jobs or bill gates or whoever goes out and makes a lot of money, they're first paying income tax. then a double tax on dividends. then the corporate taxes is another layer of tax. then you want to come in like the grim reaper and take money from their family when they die. it's not the government's money. we have a problem in washington of too much spending. you want to make the matter worse by putting more blood in the water with the...
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Dec 5, 2012
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we can bring this government under control through spending reductions. certainly, if taxes are raised, they should be done in a way that's most beneficial or least damaging to the viability of our economy. >> yeah. i got to tell you, after listening to that interview, i feel pretty confident that we're going over the cliff. are we going to go over the cliff, senator? >> we should not go over the cliff. we should have been working on this all year, not waiting until the last minute. the reason we're not making progress, let me tell you -- and i've been consistent on this. they're bringing these numbers up in secret. if they were laid out in public so the american people knew just how much taxes they were increasing, just how little spending reductions -- or how much increases in spending. as a political mover, very effective at being able to hide the net impact of his plan and ride this general good feeling of his election. it's not a healthy situation politically. we've got to do the right thing for the country. >> all right, senator. i was really struck
we can bring this government under control through spending reductions. certainly, if taxes are raised, they should be done in a way that's most beneficial or least damaging to the viability of our economy. >> yeah. i got to tell you, after listening to that interview, i feel pretty confident that we're going over the cliff. are we going to go over the cliff, senator? >> we should not go over the cliff. we should have been working on this all year, not waiting until the last minute....
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Dec 6, 2012
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we are the only major government agency that is not headquartered in washington, dc, and both the fact that we're not in washington as well as the date that we were established, tells you something about our history. in 1946, troops were returning home from europe and the pacific after world war ii. the joy of their return was tempered by public health concerns about what might be arriving with them. would their homecoming also reintroduce diseases that had been erased from the national scene? in the southeastern part of the united states, up until well into the 20th century, this was an area that had malaria. there was a lot of concern that as soldiers returned from areas, particularly in the pacific, which were high-incidence areas for malaria, that as they came back to military bases in the southeast, that there was a possibility that they would reintroduce malaria into the mosquito populations around those military bases, and so a little unit was established in atlanta, being that it was the largest city in the southeast, to make sure that those mosquito populations were kept under
we are the only major government agency that is not headquartered in washington, dc, and both the fact that we're not in washington as well as the date that we were established, tells you something about our history. in 1946, troops were returning home from europe and the pacific after world war ii. the joy of their return was tempered by public health concerns about what might be arriving with them. would their homecoming also reintroduce diseases that had been erased from the national scene?...
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Dec 5, 2012
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government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents had, a chance. >> this awards dinner was in honor of the late jack kemp. of course he was a former congressman. he was a cabinet secretary, vice presidential nominee and a real hero to the conservative clause. rubio got the award this year, the first year they gave the award, ryan got the award. christine. >> jack kemp had influence on ryan's development as a politician. >> very much so. >> they joked about the race in 2016. didn't they? >> yes. 2016 is a long way away. there's a lot of attention on both of these guys. both of them made light of it at the top of their speeches. >> as you know, marco is joining an elite group of past recipients for this award. two of us so far. i'll see you at the reunion din, table for two. >> thank you for your invitation in iowa and new hampshire. i will not stand by and watch the people of south carolina ignored. >> iowa, new hampshire, south caroli
government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents had, a chance. >> this awards dinner was in honor of the late jack kemp. of course he was a former congressman. he was a cabinet secretary, vice presidential nominee and a real hero to the conservative clause. rubio got the award this year, the first year they gave the award, ryan got the award. christine. >> jack kemp had influence on ryan's development as a politician....
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Dec 6, 2012
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oo the current investigation you see government waste.. - hotline.. 410-662-1456. or... go to fox- baltimore dot com...///. you... can read... about a mulli-billion dollar... homeland sscuritt grant .... hat's... beenggused... to 13- snowcone... machines... 3two homes... remain... condemned .../ in... the... butcherr hill in... downtown baltimmre...///. paul gessler... officials....abouu their it's been more than two weeks since those two homes n madeira strret on tte west side of patterson park were condemned.and, still... baatimore's department of public works is investigating the cause. these homes between gough nd pratt hhve sunk severaa inches. facadd...cracks in rick, gaps in wwndows and big red public nottces to keep out on the fron engineers havv been on site several times. wayne marcinko:"if the will potentially affect me, it how far thissproblem exists underground and how far it will go up the streett" city and private engineers pontinues to investigate.they & wwter.but, right nnw... hey d still donnt knowwthe source. ppul gessler, fox45 ews at as the universit
oo the current investigation you see government waste.. - hotline.. 410-662-1456. or... go to fox- baltimore dot com...///. you... can read... about a mulli-billion dollar... homeland sscuritt grant .... hat's... beenggused... to 13- snowcone... machines... 3two homes... remain... condemned .../ in... the... butcherr hill in... downtown baltimmre...///. paul gessler... officials....abouu their it's been more than two weeks since those two homes n madeira strret on tte west side of patterson...
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government regulation, has that ever tricked you up? is it more onerous now and how dii you overcome it? >> not really. liz: never a problem? >> government is pretty lax on the fitness industry. there are fitness certifying bodies. we encourage all the instructors to certify american council on exercise and american fitness. it is all good. liz: speaking of struggletores she is here with me on the set. i was a jane fonda. there are billy blanks. there are a million ideas out there. how do you keep i guess, the venture-capitalist monee behind you. you've got millions and millions in vc money when there are ideas coming up from behind? >> the good thing about zumba, we created open source fitness. as long as anybody likes to dance there will be zumba classes. we were born dancing two years old, we start dancing. there is new dances and new moves and new evolution of music. we just incorporated it into zumba. liz: ipo? >> it's, never out of the question but we have one lens that we look through, does it help the instructors. if it helps th
government regulation, has that ever tricked you up? is it more onerous now and how dii you overcome it? >> not really. liz: never a problem? >> government is pretty lax on the fitness industry. there are fitness certifying bodies. we encourage all the instructors to certify american council on exercise and american fitness. it is all good. liz: speaking of struggletores she is here with me on the set. i was a jane fonda. there are billy blanks. there are a million ideas out there....
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we will be cutting back on government spending, and we will be taxing more. that is bearish for the economy at the margin. david: all right. let's hope they do come to some kind of resolution. good to see you, gentlemen. liz: that was a great discussion, guys, thank you. david: well, the debt battle is waging on in d.c. even with most of the house out of town right now. they're gone until next tuesday. we're going to be heading to d.c. for the very latest. liz: choice hotels, known for comfort inns and quality inns is expanding their brand right here in america. why now? we'll ask ceo and president steve joyce about that and moving up the dividend payout to before the end of the year. david: but, first, on fox business the ceo of tmx group, this is the parent of the toronto stock exchange. you've heard about how the banks in the canada avoided a lot of the subprime mess that our banks got into it. well, the banks getting involved directly in the stock market. tom is going to tell us how and whether or not there are some hidden problems for the banking communi
we will be cutting back on government spending, and we will be taxing more. that is bearish for the economy at the margin. david: all right. let's hope they do come to some kind of resolution. good to see you, gentlemen. liz: that was a great discussion, guys, thank you. david: well, the debt battle is waging on in d.c. even with most of the house out of town right now. they're gone until next tuesday. we're going to be heading to d.c. for the very latest. liz: choice hotels, known for comfort...
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Dec 2, 2012
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the government said the airport is back open . the rebels say they control the main road leading to the airport and there are reports of heavy fighting. it was firmly in the control of assad but it may be weakening. there is a growing humanitarian crisis. in addition to the 40,000 people killed the un said 700,000 syrians are displaced and the number could go higher with the onset of winter, harris. >> north korea about to show off a long-range missile test. there - their goal is to put a in orbit. the u.s. said it is cover for the real goal of developing a successful long-range ballustic missile. north korea is banned by testing them by the united nations and the last one in april didn't end well for them. the new test is expected to further strain relations between north korea and washington. the state department issuing a statement saying devoting scarce resources to the development of weapons and long range missiles . it is reaching out to allies on how to respond. >> a search for bodies after a plane crashes in a dozep houses
the government said the airport is back open . the rebels say they control the main road leading to the airport and there are reports of heavy fighting. it was firmly in the control of assad but it may be weakening. there is a growing humanitarian crisis. in addition to the 40,000 people killed the un said 700,000 syrians are displaced and the number could go higher with the onset of winter, harris. >> north korea about to show off a long-range missile test. there - their goal is to put a...
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Dec 10, 2012
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they want cheap government house they are not taking no for an worry and going after the police trying to keep the peace. >> brian: josh brent accused of killing his teammate in a crash. he's out on bond. we have our analyst here live. [ male announcer ] coughequence™ #8. waking the baby. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >> quick headlines for you
they want cheap government house they are not taking no for an worry and going after the police trying to keep the peace. >> brian: josh brent accused of killing his teammate in a crash. he's out on bond. we have our analyst here live. [ male announcer ] coughequence™ #8. waking the baby. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the...
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Dec 6, 2012
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live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: a house is something that is not easy to misplace. if you leave it there, you come back and it is there. >> gretchen: you hope that happens. we'll fill you in on the details. in the meantime what happen in a phone call. a lot can happen, right. you can get in fights and agreements and compromise. hum, i am not so sure that happened in the phone call between speaker of the house john boehner and president of the united states, barack obama. did they come to a conclusion. it is now the president's turn. >> brian: it is a week since the president and speaker talked. i do not know at of this moment who called who. >> stev
live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished. "fox and friends" starts right now. ♪ ♪ "fox and friends"....
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Dec 3, 2012
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now the government says he's got to go. but is that fair? that's straight ahead ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? >> gretchen: good morning, everybody. hope you had a great weekend. it's monday, december 3, 2012. i'm gretchen carlson. thanks for sharing your time. 29 days left from the pick cliff. it will be here before we know it. and that is what republicans say, that's what they'
now the government says he's got to go. but is that fair? that's straight ahead ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable...
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Dec 4, 2012
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that means people on government payroll or getting something from the government. that ratio is out of whack. it means it's in a death spiral. there is a second reason. financial stability of these states is really in doubt. they are really going down in terms of the debt that they've got and the taxes that they're piling on. so they're not considered credit worthy. so there is more takers than makers and the credit worthiness of these states is going down. that's why they use this extreme language. death spiral. >> gretchen: and so part of the death spiral then is don't buy a house in these circumstances? >> yes. that's advice. that's what forbes is saying. that's what bill baldwin, the author is saying, look, avoid this. if you get a job in california, for example, one of these death spiral states, okay. you take the job if it's a good job, but don't buy a house there. you rent. if you've got a business in illinois, for example, you don't think of going to california, move your business to california. no. you don't do that. you think of moving to texas where the
that means people on government payroll or getting something from the government. that ratio is out of whack. it means it's in a death spiral. there is a second reason. financial stability of these states is really in doubt. they are really going down in terms of the debt that they've got and the taxes that they're piling on. so they're not considered credit worthy. so there is more takers than makers and the credit worthiness of these states is going down. that's why they use this extreme...
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Dec 5, 2012
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it's about government. it's about the size of government. not the economy. >> brian: on sunday night on the nfl sunday, there was a tragedy on saturday, as this chiefs linebacker blew his head off after murdering his girlfriend. and costas said it's gun that are the problem. he said, i still believe that, but i shouldn't have said it in the middle of a football game. what's your take? >> i think he shouldn't have said it because the problem here in this country is not guns, it's not drugs, it's not porn addiction or whatever. it's the fact that people don't take responsibility for their actions. do you know how many gun owners there are and do you know how few of them put nine bullets into their wives while standing in front of their mothers? see, he did this. there is a lack of personal responsibility in this. switzerland basically is universal gun ownership and the swiss, no swiss guy put nine bullets into his wife. this guy did. >> brian: i think o. j. simpson didn't need a gun, am i right? n no, no. he didn't need a gun. this guy is the
it's about government. it's about the size of government. not the economy. >> brian: on sunday night on the nfl sunday, there was a tragedy on saturday, as this chiefs linebacker blew his head off after murdering his girlfriend. and costas said it's gun that are the problem. he said, i still believe that, but i shouldn't have said it in the middle of a football game. what's your take? >> i think he shouldn't have said it because the problem here in this country is not guns, it's not...
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Dec 7, 2012
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it funds the government for less than a week. what are you going to do for the rest of the year and to address the real problem which is run away federal spending. >> steve: the president has not made in public any -- presented in i plan. okay, this is how we're going to fix entitlements going forward. at least you guys have done that. >> it really is stunning if you think about it. this president just won a big election and you would think that he would want to lead. but he hasn't put anything forward to solve this problem. this is the biggest crisis facing the country right now. republicans have put plans out there dealing with entitlement reform, tax reform, things that would get the economy growing again which would solve a lot of these problems. the president said in thinks post election press conference that most important thing to him was jobs and the economy. well, then he turns right around and says, i want to raise taxes by $1.6 trillion. they seem to be very contradictory objectives. >> steve: it does seem his objectiv
it funds the government for less than a week. what are you going to do for the rest of the year and to address the real problem which is run away federal spending. >> steve: the president has not made in public any -- presented in i plan. okay, this is how we're going to fix entitlements going forward. at least you guys have done that. >> it really is stunning if you think about it. this president just won a big election and you would think that he would want to lead. but he hasn't...
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Dec 5, 2012
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the federal government slapped with another lawsuit. a california oyster farmer is asking them to allow the 40 year leak to expire. as a result he and 30 of the employees will lose their job. the land will be designated a marine wilderness area. if you have been on a diet and thought the forbidden piece of chocolate you snuck tastes so good guilt food taste better than they otherwise who you are on a diet. >>> have you ever tried to drop a couple pounds chances are you have bought into the multi-million dollar diet industry. if you still haven't dropped those unwanted pounds they mit may not be your diet. it could be all in your head. 75 percent of over heatieating caused by euyour emotions. how do you take control? >> clinical sipsychiatrist and author of end of emotional eating joins us with tips. all in our heads. 75 percent of it. >> a lot of it is in our heads. the good news is if it's in your head traditional diets don't work. thr but there are solutions. if you feel like you have tried everything there are solutions that might ma
the federal government slapped with another lawsuit. a california oyster farmer is asking them to allow the 40 year leak to expire. as a result he and 30 of the employees will lose their job. the land will be designated a marine wilderness area. if you have been on a diet and thought the forbidden piece of chocolate you snuck tastes so good guilt food taste better than they otherwise who you are on a diet. >>> have you ever tried to drop a couple pounds chances are you have bought into...
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Dec 2, 2012
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that's who the government is teaming up with. the rebels are accused of pulling people from huts in the middle of the night, shooting them in the head, so congo is this really, it's like this caldron of abuse on a scale that's unlike just about anywhere else in the world. i cover a number of these conflicts in africa. i cover somalia, darfur. just about everywhere else things are changing or getting a bit better in some cases. congo has stayed the same for almost ten years and that same is very disturbing state of anarchy. >> ironically, congo has enormous national resources, is a beautiful, lush country, right? >> yeah, it's spectacular. it is really one of the most beautiful places i've been anywhere. just last week, there was a huge volcano with streams of smoke shooting out of it. it's very lush. it's very fertile. the lakes are beautiful. the environment is clean. it's blessed with mineral riches, gold, timber, copper. diamonds, just about everything. that's part of the reason why we're seeing this fight. the u.s. government
that's who the government is teaming up with. the rebels are accused of pulling people from huts in the middle of the night, shooting them in the head, so congo is this really, it's like this caldron of abuse on a scale that's unlike just about anywhere else in the world. i cover a number of these conflicts in africa. i cover somalia, darfur. just about everywhere else things are changing or getting a bit better in some cases. congo has stayed the same for almost ten years and that same is very...
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they form a line or trigger events that will bring down the government. >> the government is beginning to rely on and move to the worst kind of malitias. it's been the group that engaged in rape, murder, recruited child soldiers. this could get very ugly. >> that's a really good point. both sides have horrendous human rights records. the government is now teaming up with the group called the fdlr which is the remnants of the army that committed genocide in rwanda. they raped hundreds of women, chopping apart michildren, massacre of people. that's who the government is teaming up with. congo is really this -- it's like this caldron of abuse on a scale that's unlike just about anywhere else in the world. i cover a number of these conflicts in africa. just about everywhere else things are changing or getting a bit better in some cases. congo has stayed the same for almost ten years and that same is very disturbing state of anarchy. >> congo has enormous resources and the a beautiful lush country. >> it's spectacular. it's one of the most beautiful places i've been ever where. there was a
they form a line or trigger events that will bring down the government. >> the government is beginning to rely on and move to the worst kind of malitias. it's been the group that engaged in rape, murder, recruited child soldiers. this could get very ugly. >> that's a really good point. both sides have horrendous human rights records. the government is now teaming up with the group called the fdlr which is the remnants of the army that committed genocide in rwanda. they raped...
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Dec 3, 2012
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is appropriate, given the fact we're going to have these fiscal drags in the form of tax rates and government spending, number one. and number two, are they even close to the mark this year? they haven't been in recent years until we have gotten closer to the end. will this be yet another year where they're wildly off. >> yeah, so i'll answer the second question first. our forecast for 2013 is that we're going to have $99 in s&p earnings. the street is now at $113. i guess the good news is, we see the earnings troughing in the april time frame and beginning to grow after that. so you could have some earnings growth, which is i think more optimistic than where it was a year ago. but the problem is the consensus numbers have to come down. so your question is tricky, josh. i think everyone knows the numbers are going to come down. we're not paying for the $113 now. abo but as they come down, will you be afraid they go way lower. that's really the key debate, right? and i think people could be afraid around the fiscal cliff or around supply issues on oil or europe, you know, looking pretty weak.
is appropriate, given the fact we're going to have these fiscal drags in the form of tax rates and government spending, number one. and number two, are they even close to the mark this year? they haven't been in recent years until we have gotten closer to the end. will this be yet another year where they're wildly off. >> yeah, so i'll answer the second question first. our forecast for 2013 is that we're going to have $99 in s&p earnings. the street is now at $113. i guess the good...
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Dec 5, 2012
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still it heightens the pressure whose founder steve cohen has been personally implicated in a government case alleges insider trading. cnbc was first to report on a investor redemption, and since then at least one other big -- has followed suit. other investors are showing concern and we may see more outflowing given the next redemption is around february 15th y thbs has learned the flagship is up nearly 12% year to date against an average head fudge return of about 2%, 3% overall. add the fact that cohen has said he's confident that he and his company has named appropriately, there's still quite a lot arguing for these guys. >> important to note when we do this story every time. cohen himself hasn't been charged. >> correct. >> s.a.c. hasn't been accused. >> only a subsidiary uchbt. >> this was a former portfolio manager who worked for that unit. >> correct. >> at what point -- who has to pull their money for it to get people to notice. >> here's the key point. all of this has symbolic value, and i think this has turned a corner for people psychologically. i do have cohen allegedly invo
still it heightens the pressure whose founder steve cohen has been personally implicated in a government case alleges insider trading. cnbc was first to report on a investor redemption, and since then at least one other big -- has followed suit. other investors are showing concern and we may see more outflowing given the next redemption is around february 15th y thbs has learned the flagship is up nearly 12% year to date against an average head fudge return of about 2%, 3% overall. add the fact...